Banker’s Discount – Aptitude Questions And Answers

Dear contenders who are getting prepare for all competitive examinations they can check out the Questions And Answers of “Banker’s Discount” topic which has been provided in the below section. So practice them thoroughly and can get a good score and these are for reference purpose.

Banker’s Discount – Aptitude Questions And Answers

1. The banker's discount on a bill due 4 months hence at 15% is Rs. 420. What is the true discount?

A. Rs. 410

B. Rs. 400

C. Rs. 390

D. Rs. 380

Loading...

2. The banker's discount on a certain amount due 2 years hence is 11/10 of the true discount. What is the rate percent?

A. 1%

B. 5%

C. 10%

D. 12%

Loading...

3. The present worth of a sum due sometimes hence is Rs.5760 and the banker's gain is Rs.10. What is the true discount?

A. Rs. 480

B. Rs. 420

C. Rs. 120

D. Rs. 240

Loading...

4. What is the banker's discount if the true discount on a bill of Rs.540 is Rs.90 ?

A. Rs. 108

B. Rs. 120

C. Rs. 102

D. Rs. 106

Loading...

5. A bill for Rs. 3000 is drawn on 14th July at 5 months. It is discounted on 5th October at 10%. What is the Banker's Discount?

A. Rs. 60

B. Rs. 82

C. Rs. 90

D. Rs. 120

Loading...

6. The bankers gain of a certain sum due 2 years hence at 10% per annum is Rs 24 .The percent worth is

A. 400

B. 800

C. 500

D. 600

Loading...

7. The banker's discount on Rs. 1800 at 12% per annum is equal to the true discount on Rs. 1872 for the same time at the same rate. Find the time.

A. 7 months

B. 6 months

C. 3 months

D. 4 months

Loading...

8. The banker's discount on Rs. 1650 due a certain time hence is Rs. 165. Find the true discount and the banker's gain.

A. 15

B. 20

C. 18

D. 13

Loading...

9. The banker's discount of a certain sum of money is Rs. 72 and the true discount on the same sum for the same time is Rs. 60. The sum due is:

A. 290

B. 480

C. 360

D. 420

Loading...

10. A bill for Rs. 6000 is drawn on July 14 at 5 months. It is discounted on 5th October at 10%. Find the banker's discount, true discount, banker's gain and the money that the holder
of the bill receives.

A. 4390

B. 6580

C. 5880

D. 5350

Loading...

11. The banker's discount on a bill due 4 months hence at 15% is Rs. 420. The true discount is:

A. Rs. 400

B. Rs. 360

C. Rs. 480

D. Rs. 320

Loading...

12. The banker's discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is:

A. 3 months

B. 4 months

C. 6 months

D. 8 months

Loading...

13. The banker's gain of a certain sum due 2 years hence at 10% per annum is Rs. 24. The present thwor is:worth is:

A. Rs. 480

B. Rs. 520

C. Rs. 600

D. Rs. 960

Loading...

14. The banker's discount on a sum of money for 1 years is Rs. 558 and the true discount on the same sum for 2 years is Rs. 600. The rate percent is:

A. 10%

B. 13%

C. 12%

D. 15%

Loading...

15. The banker's gain on a sum due 3 years hence at 12% per annum is Rs. 270. The banker's discount is:

A. Rs. 960

B. Rs. 840

C. Rs. 1020

D. Rs. 760

Loading...

16. If the true discount on a certain sum due 6 months hence at 15% is Rs. 120, what is the banker’s discount on the same sum for the same time and at the same rate?

A. 100

B. 115

C. 120

D. 129

Loading...

17. The present worth of a bill due sometime hence is Rs. 1100 and the true discount on the bill is Rs. 110. Find the banker’s discount and the banker’s gain.

A. 120

B. 121

C. 130

D. 151

Loading...

18. The banker’s discount of a certain sum of money is Rs. 72 and the true discount on the same sum for the same time is Rs. 60. The sum due is:

A. 210

B. 280

C. 360

D. 450

Loading...

19. The banker’s discount on Rs. 1600 at 15% per annum is the same as true discount on Rs. 1680 for the same time and at the same rate. The time is :

A. 2 months

B. 4 months

C. 6 months

D. 7 months

Loading...

20. The present wort of a sum due sometime hence is Rs. 576 and the banker’s gain is Rs. 16. The true discount is : :